Jenkinson & Co (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03871797 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Jenkinson & Co (Holdings) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Mandy Jenkinson

Mr Martin Jenkinson

Mr Thomas Edward Jenkinson

Mrs Helen Elizabeth Jenkinson Wall

REGISTERED OFFICE:

New Ebury House

South Grove

Moorgate

Rotherham

South Yorkshire

S60 2AF

REGISTERED NUMBER:

03871797 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,648

2,119

Investments

5

3,250,001

3,251,649

3,252,120

CURRENT ASSETS

Debtors

6

884,139

1,683,644

Cash at bank

1,626,277

1,338,537

2,510,416

3,022,181

CREDITORS

Amounts falling due within one year

7

101,014

86,443

NET CURRENT ASSETS

2,409,402

2,935,738

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,661,051

6,187,858

PROVISIONS FOR LIABILITIES

698,320

698,275

NET ASSETS

4,962,731

5,489,583

CAPITAL AND RESERVES

Called up share capital

197,365

Fair value reserve

(non distributable)

8

2,095,950

Retained earnings

2,669,416

3,196,268

SHAREHOLDERS' FUNDS

4,962,731

5,489,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

Mr Martin Jenkinson - Director

Mrs Mandy Jenkinson - Director

1.	STATUTORY INFORMATION

Jenkinson & Co (Holdings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Jenkinson & Co (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investments in subsidiaries

Unlisted investments are valued at fair value where there has been a recent transaction enabling a fair value to be established.

Where there has been no recent transaction unlisted investments are valued at cost less any provision for

impairment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company makes employer pension contributions to employee personal pensions and complies with auto enrolment legislation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 4 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

33,778

DEPRECIATION

At 1 April 2024

31,659

Charge for year

471

At 31 March 2025

32,130

NET BOOK VALUE

At 31 March 2025

1,648

At 31 March 2024

2,119

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

3,250,001

NET BOOK VALUE

At 31 March 2025

3,250,001

At 31 March 2024

3,250,001

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2024

2,794,600

Cost

455,401

3,250,001

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

455,401

Fixed asset investments were valued on an open market basis on 31 March 2025 by Directors .

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Jenkinson & Co (Properties) Ltd

Registered office: East Farm, Carr Lane, Rotherham S66 8PW.

Nature of business: Property rental

%

Class of shares:

holding

Ordinary

100.00

31/3/25

31/3/24

£

Aggregate capital and reserves

527,096

541,397

(Loss)/profit for the year

(14,301

)

348,289

Jenkinson & Co Limited

Registered office: New Ebury House, South Grove, Moorgate, Rotherham, S60 2AF.

Nature of business: Insurance broker

%

Class of shares:

holding

Ordinary

50.12

31/3/25

31/3/24

£

Aggregate capital and reserves

184,544

150,220

Profit/(loss) for the year

44,216

(437,346

)

Penk Insurance Services Limited

Registered office: Unit 2 Chatsworth Technology Park, Dunston Road, Whittington Moor, Chesterfield,S41 8XA.

Nature of business: Insurance broker

%

Class of shares:

holding

Ordinary

50.12

31/3/25

31/3/24

£

Aggregate capital and reserves

81,088

79,227

Profit/(loss) for the year

1,861

(118,957

)

Shares in subsidiary undertakings

The company owns following companies, all incorporated in England:

Jenkinson & Co Limited, the principal activity of which is insurance brokerage.

At 31/03/25: 50.12%, (2024: 50.12%).

Penk Insurance Services Limited, the principal activity of which is insurance brokerage.

At 31/03/25: 50.12%, (2024: 50.12%).

The above investments in view of a recent market transaction have been stated at fair value at 31st March 2025.

Jenkinson & Co (Properties) Limited, the principal activity of which is the purchase and holding of property.

At 31/03/25: 100%, (2024: 100%).

This value is stated at cost.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

19,800

-

Amounts owed by group undertakings

214,864

205,204

Other debtors

649,475

1,478,440

884,139

1,683,644

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation and social security

-

78,275

Other creditors

101,014

8,168

101,014

86,443

8.

RESERVES

Fair

value

reserve

(non

distributable)

£

At 1 April 2024

and 31 March 2025

2,095,950

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

Mrs Helen Elizabeth Jenkinson Wall

Balance outstanding at start of year

-

10,000

Amounts advanced

41,857

-

Amounts repaid

-

(10,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

41,857

-

Mr Thomas Edward Jenkinson

Balance outstanding at start of year

-

Amounts advanced

25,203

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

25,203

-

The company loaned the directors monies and charged interest @ 2.25%. These loans are to be repaid by 31st December 2025.

10.	RELATED PARTY DISCLOSURES

Jenkinson & Co Properties Ltd

A wholly owned subsidiary.

Monies were loaned between the companies on an interest free basis repayable on demand.

The balance owing from Jenkinson & Co Properties Ltd at 31st March 2025: £214,864, (2024: £205,204).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Martin Jenkinson.